Is Anheuser-Busch InBev (BUD) stock Halal?
September 2026 AAOIFI screening result for Anheuser-Busch InBev NV (BUD): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Anheuser-Busch InBev NV is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Anheuser-Busch InBev represents shares of the world's largest brewer outside its home market. The asset serves a crucial role in providing U.S. investors the opportunity to invest in a global beer company without dealing with foreign investor restrictions. The company produces, distributes, and markets a wide array of beverages, with a primary focus on beer. Notable brands under its extensive portfolio include Budweiser, Corona, and Stella Artois. Before any of that matters to a Muslim investor, one question comes first: is Anheuser-Busch InBev stock Halal?
Is Anheuser-Busch InBev Shariah compliant?
Consumer staples companies like Anheuser-Busch InBev face the screening question at the shelf, not the balance sheet: does any revenue come from alcohol, tobacco or other impermissible lines? AAOIFI Shariah Standard No. 21 tolerates such income only below 5% of revenue, with the financial ratios checked behind it.
Does Anheuser-Busch InBev pass the business activity test?
The activity screen is only part of the picture this month: Anheuser-Busch InBev currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The watch item is the product mix: any alcohol, tobacco or similar lines count against the 5% ceiling.
Is Anheuser-Busch InBev's income Halal?
No. Anheuser-Busch InBev's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Anheuser-Busch InBev meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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